Businesses large and small are now staring down a 'rough and bumpy road' of new tariff increases
UNITED STATES, AUG 8 – Tariffs increased from 10% to 15% overnight, causing nearly half of businesses to absorb costs while 14% pass them to consumers, raising average import taxes to 18.6%.
9 Articles
9 Articles
Lincoln small businesses worry new tariffs will add to already high costs
LINCOLN, Neb. (KLKN) — New tariffs took effect Thursday on imported goods, raising worries among some Lincoln small business owners that their costs will climb. According to the Small Business Administration, nearly 47% of small businesses in the U.S. rely on imported goods. Some owners worry they’ll have to pass on the costs or cut corners. Coffee bean prices have...
Businesses large and small are now staring down a 'rough and bumpy road' of new tariff increases
Standing in the middle of one of the grocery stores his family has run for decades, President & CEO Stew Leonard Jr. is surrounded by fresh produce, dairy products and meat most of them facing new steep increases from tariffs affecting imports, which took effect overnight Thursday. Until now, hes been absorbing the cost of tariffs alongside producers to avoid having to pass on prices to his customers, but he says that can only last so long.For t…
Surprises About Rising Food Costs - The Robin Report
While consumers fixate on tariffs as the primary force behind rising food prices, the reality is far more complex and revealing. Regulatory changes, labor costs and operational expenses coupled with new tariff pressures on some food categories are creating uncharted supply-demand dynamics.
The new Donald Trump tariff package distorts global trade, saves costs and creates a dominant effect that ends where it comes from: at the most vulnerable families table
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